This 3.54-acre parcel of land, zoned S1, is situated on West 96th Street in Indianapolis, IN. The property is located within the desirable Carmel gateway zone, a location poised for ongoing development and economic expansion. The site is currently occupied by a single family residence.
The property is located near B5 zoned land that allows for medical, office, and residential use. The west side of Commerce features a mix of S-1, B5, and B7 zoning, all intended to integrate well with residential areas.
Carmel’s Master Plan identifies this area as a “Gateway” area, slated for large lot mixed-use commercial development. Permitted uses in this area include commercial, residential, retail, parks, light industrial, institutional, educational, and hospitality.
This parcel offers exceptional potential for investors and developers seeking a strategic location in a rapidly growing area of Hamilton County.
Fred Krawczyk
Envoy Real Estate
